Deputy General Counsel, Privacy & Enterprise Compliance

  • Interac Association
  • Toronto, Ontario, Canada
  • Oct 20, 2023
Full time Lawyer (In House Counsel)

Job Description

At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.

Want to make a lasting impact amongst a community of creative thinkers, problem solvers, technical gurus and high-performance application developers? We want to hear from you.

Reporting to the Chief Legal Officer and Corporate Secretary, the Deputy General Counsel, Privacy & Enterprise Compliance, will support the business units in achieving corporate objectives. They will protect and advance the organization’s interests through provision of advice and preparation of contracts, Privacy and Compliance

You’ll be responsible for:

  • Overseeing all aspects of contract management and ensuring that the organization’s legal interests are protected.
  • Identifying potential legal risks and liabilities within the organization. Conducting risk assessments to determine potential areas of vulnerability, such as environmental, data privacy, intellectual property, or employment-related risks.
  • Protection of corporate assets: including patent and trademark portfolios management, contract templates and streamlined processes for legal review of product policies and regulations.
  • Formulating and reviewing correspondence, position papers, and other communications directed to external audiences including shareholders, regulators, clients, and the public.
  • Providing legal and advisory services but also strategic advice to all areas of the business in light of legal, political, and practical opportunities/constraints.
  • Maintaining Interac’s Data Management Program and empowering employees through education, training and business support.
  • Developing, managing, and overseeing Interac’s Enterprise Compliance Program (ECP). The ECP is designed to mitigate, detect, and report contractual and/or regulatory compliance risk across the organization.
  • Defining enterprise compliance strategy, methodology, and minimum program standards.
  • Supporting and advising business units and corporate functions in their alignment with the ECP.
  • Monitoring and testing the effectiveness of compliance controls across the enterprise.
  • Reporting on compliance risk throughout the enterprise to management and the board through reporting.
  • Managing a team, providing team leadership, guidance and development opportunities.
  • Fostering a collaborative and high performing team, ensuring effective communication and coordination within the department and cross-functional teams.

You bring:

  • Extensive experience in contract drafting, interpretation, and negotiation, with a strong preference for experience in the payments industry.
  • Knowledge of privacy regulations and a proven track record of ensuring compliance.
  • Must be eligible to work for Interac Corp. in Canada in a Full Time Capacity.
  • An understanding of risk assessment and mitigation strategies to protect the organization's legal interests.
  • Ability to make strategic decisions that balance legal requirements and business objectives.
  • Proficiency in handling legal crises and managing high-pressure situations effectively.
  • Strong level of business acumen and understanding of market trends.
  • Ability to identify and articulate scenarios, risks, and benefits.
  • Strong problem-solving abilities to address legal challenges creatively and pragmatically.
  • Excellent written and oral communication skills for effective interaction with stakeholders and the legal team.
  • Proven leadership and managerial experience, including a track record of successfully leading legal teams.
  • The ability to foster an innovative, inclusive, and diverse team environment, promoting positive team culture, encouraging collaboration and self-organization.
  • Attributes such as attention to detail, discretion, resilience, and a commitment to professional growth.

Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:

  • 5-year employment verification;
  • Canadian criminal record check;
  • Education verification;
  • Canadian ID cross-check;
  • Public safety verification; and
  • Credit inquiry

How We Work

We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:

Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.

Core Values: They define us. Living them helps us be the best at what we do.

Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.

Education: To ensure you are the best at what you do we invest in you and the clear legal job board